The ranking puts Xenomorph among the top 100 providers of risk technology solutions in the corporate and financial services sectors, and confirms Xenomorph's position as a leader in the data management for risk space.
"Much of our time is spent working with risk management clients to improve data quality, consistency and coverage. I am therefore delighted with our improved ranking in this year's Chartis RiskTech 100 report, and in particular with how well we performed in the innovation category, reflecting our integrated approach to the management of both data and the analytics applied to data" says Brian Sentance, CEO Xenomorph.
"Risk management is a challenging area for all systems, requiring future-proof asset class coverage and access to all kinds of data from the simplest descriptive data to the management of more complex, model-related data such as credit curves and volatility surfaces." adds Sentance "We now see clients wanting to apply the principles of quality and consistency to higher level business objects in the risk management area, such as risk factors and scenarios. Regulators, auditors and customers all see data as a key foundation for risk management, and we look forward to continuing to make this foundation ever broader and stronger."